Search Results for: rupee

Rupee Hits Three-Weeks High of 60.90 after Record Low Retail Inflation

The rupee-dollar pair will move in 60.90 to 61.20 range.

Oct 14, 2014

DLF Slumps over 26% as SEBI Bars it from Capital Markets

India's largest listed property developer DLF Ltd dropped more than 26% on Tuesday, after market regulator SEBI barred the company from tapping the capital markets for three years.

Oct 14, 2014

Infosys' CEO Sikka speaks during a news conference at company's headquarters in Bangalore

Infosys Q2 Profit Rises 28.6%, Shares Jump on Bonus

Infosys also declared 1:1 bonus shares to investors.

Oct 10, 2014

RBI keeps interest rates unchanged, says 2016 CPI target of 6% at risk

Mumbai, Sep 30 (ANI): Reserve Bank of India Governor Raghuram Rajan on Tuesday left key interest rates unchanged in his fourth bi-monthly credit policy review citing increased risks of inflation and difficult external situation on the geopolitical front. Rajan said that inflation target of 6% by January 2016 involves uncertainties and that RBI is more confident with the target of 8%. He also added that the value of rupee has also risen in the recent months.

Sep 30, 2014

RBI Aims to Reduce Uneven Volatility in Rupee: Raghuram Rajan

Rajan added such a policy would mean that the central bank would typically intervene on both sides of the exchange rate.

Sep 30, 2014

A road sign stands next to the Bombay Stock Exchange building (Reuters)

Market Rebounds as S&P Upgrades India Outlook to 'Stable' from 'Negative' on Better Politics

This comes as a timely boost for Prime Minister Narendra Modi, who has been aggressively marketing his 'Make in India' slogan among global investors.

Sep 26, 2014

Gold Imports to Rise, Premiums may Double Ahead of Diwali

After and during the Indian festive season, Indian gold premiums to the global benchmark are also expected to surge by ₹731 to ₹912 for 30 grams, from the current rate of ₹426 to ₹609 an ounce.

Sep 18, 2014

Yellow Metal Loses Sheen: India's Gold Obsession may Finally be Over

Gold prices fall due to low demand and weak global trend. Investment in gold declined by 67% in June quarter

Sep 12, 2014

CBI Queries Trinamool MP on Saradha Scam

The CBI grilled Trinamool Congress MP and owner-editor of a vernacular daily Srinjoy Bose in connection with the multi-crore-rupee Saradha chit fund scam on Wednesday.

Sep 10, 2014

Diesel may get Cheaper as Crude Oil Price Tumbles

Price review likely on 15 September. Final decision to be taken after consulting finance ministry.

Sep 9, 2014

Raghuram Rajan speaks during a news conference on the World Economy Outlook in Singapore September 14, 2006.

RBI Governor Raghuram Rajan's First Year: Actions and Impact

After Rajan became RBI governor, the rupee gained, inflation slid and economic output got stronger

Sep 6, 2014

Pak's Commitment to IMF Seems Uncertain as Protests Erode Economic Stability

The worsening protest and violence has turned off the confidence of IMF and investors towards Pakistan.

Sep 3, 2014

Nifty Touches 8,000 Mark for First Time, Sensex Hits New Peak

The National Stock Exchange (NSE) index touched an all time high at 8,018.65 points on 1 September versus its previous top record of 7968.25 points on 25 August.

Sep 1, 2014

K Madhavan Biopic: Prithviraj to Lead in Ranjith's Next?

Ranjith will soon be doing a film based on K. Madhavan, famous freedom fighter and communist leader from Kerala.

Aug 27, 2014

Air India's ₹100 Offer a Sign of Unhealthy Fare War?

Such price wars among domestic carriers in India may spell good news for fliers but could mean trouble for the airlines